Dirty money business: Organized crime is estimated to generate between $1600 billion and $2200 billion annually : Orishas-finance

Version Française

Dirty money business: Organized crime is estimated to generate between $1600 billion and $2200 billion annually

08/02/0021

Categories: General Information

imprimer

Dirty money business: Organized crime is estimated to generate between $1600 billion and $2200 billion annually

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

According to a study by the American think tank Global financial integrity, organized crime alone generates between $1600 billion and $2200 billion each year. Money flows estimated at 10% of global GDP.

Corruption, drug trafficking or tax evasion, dirty money would generate revenues of up to 10% of global GDP every year. At the top of the most profitable trafficking, drugs and especially counterfeiting. The fake market affects all areas of the economy, from fashion to industry to health. Money flows that take advantage of the opacity offered by tax havens. Under the boost of technological progress, criminal finance has been gaining momentum over the past fifty years.

Provided by AWS Translate